Jodhpur, May 10 (Commoditiescontrol): Amid normal trading activities, prices of guar seed and gum remained stable on Friday, showing no significant changes. Market sources reported steady average price ranges for guar seed in auctions, quoted at Rs 5,000-5,200 per quintal. Additionally, in all paid markets, guar seed prices stood at Rs 5,400 per quintal.
In the benchmark market of Jodhpur, guar gum prices were quoted at Rs 10,800 per quintal, with arrivals recorded at 7,000 bags.
On the NCDEX, guar gum futures for delivery in May experienced a marginal decline, ending Rs 16 or 0.15% down at Rs 10,555 per quintal. The session saw a low of Rs 10,540 and a high of Rs 10,621.
Similarly, guar seed futures for delivery in May settled flat at Rs 5,368 per quintal on the NCDEX, with a session low of Rs 5,355 and a high of Rs 5,386.
GuarSeed contract for MAY delivery settled at Rs 5368/quintal showing an was simillar of Rs 0 over previous close of Rs 5368/quintal,The contract moved in the range of Rs 5355-5386 for the day. Open interest decreased by -9795 MT to 8965 MT, while trading volume increased by 4995 to 15925 MT.
GuarSeed contract for JUN delivery settled at Rs 5440/quintal showing an rise of Rs 7 over previous close of Rs 5433/quintal,The contract moved in the range of Rs 5425-5456 for the day. Open interest increased by 8235 MT to 56115 MT, while trading volume increased by 2770 to 21395 MT.
Currently The spread between MAY and JUN contract is -72 Rs/quintal.
GUARSEED stock in NCDEX accredited warehouse as on 10-May-2024, was 25282 MT
GuarGum contract for MAY delivery settled at Rs 10555/quintal showing an fall of Rs -16 over previous close of Rs 10571/quintal,The contract moved in the range of Rs 10540-10621 for the day. Open interest decreased by -5385 MT to 5985 MT, while trading volume increased by 800 to 7310 MT.
GuarGum contract for JUN delivery settled at Rs 10722/quintal showing an rise of Rs 11 over previous close of Rs 10711/quintal,The contract moved in the range of Rs 10690-10765 for the day. Open interest increased by 4985 MT to 44105 MT, while trading volume decreased by -805 to 9745 MT.
Currently The spread between MAY and JUN contract is -167 Rs/quintal.
GuarGum stock in NCDEX accredited warehouse as on 10-May-2024, was 24906 MT
(By Commoditiescontrol Bureau: +91 9820130172)
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